Company Filing History:
Years Active: 2018-2020
Title: Innovations by Inventor Xiaozheng (Michael) Ye
Introduction
Xiaozheng (Michael) Ye is a prominent inventor based in Foster City, CA, known for his contributions to the fields of billing and data processing systems. With a focus on enhancing business-related operations, Ye has filed two notable patents that showcase his innovative approach to managing revenue sources and charge events.
Latest Patents
Xiaozheng Ye's latest patents include:
1. **System and method for implementing unified billing and unified rating operations**: This invention provides a flexible and efficient approach to identifying revenue source events and pricing them through a rating process. The system seamlessly integrates with various business subsystems, including ERP, CRM, HCM, and financial systems, to enhance billing and revenue recognition according to configurable rules and schedules.
2. **System and method for implementing charge-centric billing**: This patent focuses on optimizing the handling and interaction of charge events in businesses leveraging multi-tenant computing platforms. By creating a single-source data repository known as the charge record, Ye’s system allows for synchronized maintenance of critical business information, leading to improved reporting and forecasting capabilities across various services and recipients.
Career Highlights
Ye currently works at NetSuite Inc., a leader in cloud-based business management solutions. His role involves developing innovative methods to assist businesses in tracking and processing their financial data effectively, significantly enhancing operational efficiency.
Collaborations
During his tenure at NetSuite Inc., Xiaozheng Ye has collaborated with colleagues such as Dennis Paul Shak and Jeremy John Blanchard. These partnerships aim to foster innovative solutions that streamline and improve business processes across a range of functionalities.
Conclusion
Xiaozheng (Michael) Ye stands out as a forward-thinking inventor in the realm of billing and data management, with his patented innovations laying the groundwork for more integrated and efficient business operations. His work continues to impact the way companies manage their revenues and charge events, positioning him as a valuable contributor to the evolution of financial technology in the industry.